Logan Circle and Shaw Real Estate Market Conditions & Reports, Logan Circle and Shaw Market Trends, Washington DC

Market Commentary Provided by Heather Davenport

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Heather Davenport
Long and Foster Real Estate, Inc.
Washington, Washington DC
202-821-3311
heather.davenport@LNF.com
Agent Home Page

Nearest Metro Area

Washington D.C.

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

10-30 Days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$500,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Logan Circle and Shaw is

Seller Activity for the past 90 days in Logan Circle and Shaw is

Is Financing Available For Qualified Buyers in Logan Circle and Shaw?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

H Street Corridor in Transition, Anacostia in Transition, Columbia Heights in Transition, and Brookland in Transition.

Reason to Buy/Sell

Population Growth

Average Sold Price

$500,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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